Fresh economic modelling to be released on Thursday shows emissions trading will not hurt industry or the economy, the government says.
The long-awaited Treasury data, one of the biggest economic modelling exercises ever done in Australia, focuses on what it will cost to tackle climate change.
Climate Change Minister Penny Wong was on Wednesday putting a positive [...]

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The Commonwealth Bank (CBA) has defended its decision not to fully pass on yesterday’s 100 basis point cut in interest rates.
 Ralph Norris, CBA chief executive, says he expects the bank to cut interest rates further when the global financial system stabilises.
“Once we get back to a normalised market situation, I think it’s fair to say [...]

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A new report has found that Australia’s mining sector will need an extra 86,000 workers over the next 12 years.

The Minerals Council of Australia (MCA) today released the report prepared by the National Institute of Labour Studies (NILS) on the sector’s labour force outlook to 2020.
The research projections show an increasing demand for labour if [...]

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The Commonwealth Bank has announced it is increasing its variable home loan interest rates by 0.14 per cent.
The bank’s standard variable rate home loan will increase from 9.44 per cent to 9.58 per cent from Monday for both new and existing customers and its basic variable home loan from 8.93 per cent to 9.07 per [...]

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Next month, Lismore residents will pay 25 per cent more for the water they use.
 The increase reflects a similar rise in the price being charged to the council by Rous Water says Lismore Mayor Merv King.
Councillor King says the council’s service charge to residents for water supply and sewerage will stay the same.
He says the [...]

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